French Energy Bill Delayed until Spring 2015

Posted by Eric Haun
Friday, June 06, 2014

The adoption of France's framework energy bill, meant to fulfil President Francois Hollande's pledge to cut the share of nuclear energy in the country's electricity mix to 50 percent, has been pushed back to early 2015.

"It will be reviewed by parliament in the autumn and adopted in the spring of 2015," an official at Prime Minister Manuel Valls's office told Reuters on Friday, without elaborating on the reasons.

Earlier in the day French radio Europe 1 cited an adviser to Hollande as saying that the government will be 10 billion euros ($13.6 billion) short of funding for the bill's proposals.

The new law was initially expected to come into force before the end of 2014.

Segolene Royal, Hollande's fourth energy minister since the beginning of his mandate in 2012, has said she would unveil on June 11 the broad objectives of the bill, which she wants to use as leverage to boost renewable energies and economic growth.

No one at her office was available to comment on the latest delay.

The bill has been delayed repeatedly since 2012. It is expected to spell out how France, the world's most nuclear-reliant nation, intends to cut nuclear energy to 50 percent from 75 percent of its electricity production by 2025.

Energy ministry officials told a parliamentary hearing this year that the gradual closure of about 20 nuclear reactors would be required to meet Hollande's 2025 target if electricity consumption remains stable.

This seemed to contradict the view of Henri Proglio, the head of state-owned utility EDF, who said he expected electricity demand to rise because of population growth and that no reactor closure is needed.

Measures to boost renewable energy capacity, which has grown more slowly in France than in neighbours such as Germany or Spain, are also expected to be included in the law.

($1 = 0.7345 Euros)

(Reporting by Julien Ponthus; Writing by Michel Rose; Editing by David Goodman)


Energy

ABS Makes it Safer to ‘Walk to Work’

ABS announced the publication of The ABS Guide for Certification of Offshore Access Gangways. The new Guide addresses certification for safety systems used for “walk to work” (W2W) crew transfers.

Viking Grace Marks 1,000 LNG Bunkering Milestone

From the very beginning, the M/S Viking Grace – delivered in January 2013 – was an environmental milestone.   The vessel attracted global attention as an environmental

Hellenic Petroleum Profits Rise on Higher Exports

Hellenic Petroleum, Greece's biggest oil refiner, posted a 20 percent rise in second-quarter core profit on Thursday, with higher exports offseting lower refining margins.

News

White House: Iranian Ships' Actions in Gulf Increase Risk of Miscalculation

Actions by Iranian vessels in several encounters with U.S. warships in the Gulf this week are cause for concern and increase risks of miscalculation, the White House said on Friday.

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

C-Job Designs Flettner Freighter for Switijnk

The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile.

Government Update

White House: Iranian Ships' Actions in Gulf Increase Risk of Miscalculation

Actions by Iranian vessels in several encounters with U.S. warships in the Gulf this week are cause for concern and increase risks of miscalculation, the White House said on Friday.

Cochin Port Gets a Little 'Breathing Space'

The Cabinet Committee on Economic Affairs of India, chaired by the Prime Minister Narendra Modi, has given its approval for waiver of penal interest on Government

Iran Vessels Make 'High Speed Intercept' of US Ship

Four of Iran's Islamic Revolutionary Guard Corps (IRGC) vessels "harassed" a U.S. warship on Tuesday near the Strait of Hormuz, a U.S. defense official said, amid

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0929 sec (11 req/sec)